The Passing of the Idle RichMartin, Frederick Townsend
History
The Passing of the Idle Rich
Martin, Frederick Townsend
Rich people -- United States; United States -- Social conditions -- 1865-1918; Wealth -- United States
For five years skilled artisans have been carving a tombstone. The man
who ordered the tombstone is still living, but the tombstone is vast in
bulk, and the carvers have plenty of space to display their ingenuity.
It is the order of the patron that work shall not cease until he is
dead, and each year he sends the monument company a check for fifteen
thousand dollars to cover running expenses. If the gentleman lives long
enough, his tombstone will be a spectacle worth seeing when it is
finally bundled into place over his casket.
One of the most lavish and expensive--probably the most
expensive--dinners ever given in America was a hyphenated feast, the
record of which is writ large upon the annals of metropolitan society.
It endured for six hours and cost fourteen thousand dollars per hour.
But why enumerate any more of these instances? Our papers are full of
them. My purpose, however, is larger than gossip and I shall mention
other pieces of extravagance wherever they make a point.
“_No men living are more worthy to be trusted than those who toil
up from poverty--none less inclined to take or touch what they have
not honestly earned. Let them beware of surrendering a political
power which they already possess, and which, if surrendered, will
surely be used to close the door of advancement against such as
they, and to fix new disabilities and burdens upon them, till all
of liberty shall be lost._”
--ABRAHAM LINCOLN.
_Chapter Three_
THE SUBJUGATION OF AMERICA
In the golden days of American Society, as I have said, great fortunes
were very rare indeed. The few that there were came mostly from
merchandising and trade. The accumulations of John Jacob Astor, John
Hancock, and Stephen Girard, in New York, Boston, and Philadelphia,
respectively, had not been dwarfed by the accumulations of a later era.
They remained, up to about 1850, as the typical marvels of the American
world of business.
The middle of last century was the harvest time of Opportunity in
this land. Agriculture and trade remained the staple occupations
of the race; yet there had grown up throughout the land a wonderful
manufacturing industry. Away back in the days of the embargo, a man
named Samuel Slater had come over from England and built, from memory,
the first American cotton mill. He little knew what seeds he sowed.
That little mill set up in Rhode Island was the mother of American
industry.
It had grown, this infant, until in every valley of the East there
stood factories and mills uncounted. Turning from the little iron mines
of New Jersey, the pioneers of our greatest industry had begun to open
up the hills of Pennsylvania and even Michigan. In that age, which has
been called the golden age of industry, fortune followed swiftly upon
the heels of honest labour.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account